ABM Industries completed the acquisition of Quality Uptime Services for $119m.

ABM Industries, a facility management and building services company, completed the acquisition of Quality Uptime Services, an uninterrupted power supply (UPS) and battery maintenance company, for $119m. "The acquisition of Quality Uptime is expected to double ABM’s mission critical-related revenue in the first full year of ownership, driven by the surge in artificial intelligence and related investments in data center infrastructure. Consistent with our ELEVATE strategy, we believe this investment positions ABM to further participate in the long-term proliferation of data centers, which already represents a multi-billion-dollar market. The addition of Quality Uptime aligns with our vision to drive innovation and deliver comprehensive solutions to our clients, and we are excited to welcome their CEO John Raio and this talented and experienced team to ABM,” Scott Salmirs, ABM President and Chief Executive Officer.